The other option is partnering with other people to get more money to buy deals, but then you have to split that equity and proceeds with someone else, but you can get to your goal quicker. 

Should split roughly $80,000 profit 4 ways.

I'm thinking about brining on a family friend as a business partner to split the work and bring additional capital, but I don't necessarily need them...This is obviously a big ask on a first time house hack, but would love to hear if anyone has ever heard of people successfully executing this strategy?

Rock Hill, SC is also becoming very popular in this area as so many people move toward the Carolinas and with the increased living costs of Charlotte.

I own a duplex in Clermont, FL just outside of Orlando and initially wanted to split water meters between the two units, but the cost and amount of work were higher than expected.

W-2 or business income, which means I can’t actually use the depreciation that my rental properties produce.I am investing for long-term cash flow and appreciation, but the depreciation — which is a huge part of the return — is basically wasted on me right now.Because of that, I’m exploring the idea of bringing on a “depreciation-only partner.”Basic structure I’m thinking about:Partner contributes $10k–$20k toward the down paymentI contribute the rest (typically $30k–$40k depending on the deal)I handle all of the work: deal finding, due diligence, financing, property management, repairs, accounting, etc.I keep 100% of the equity, cash flow, appreciation, and long-term upsidePartner gets the depreciation for a set number of years (5, 8, or 10 depending on contribution amount)Partner gets their initial capital back at refinance or saleNo cash flow split, no equity split — just depreciation in exchange for helping me scale fasterVery similar to an LP position, but entirely backed by the tax benefitsFor someone in the 22–32% tax bracket, the annual tax savings from depreciation typically works out to a 6%–15% return on capital depending on their contribution tier.From my side, it lets me scale faster while not giving up equity or cash flow.My questions for the community:Has anyone structured a deal like this before?

Understand the pad-split and room-rental rules.Some cities have occupancy limits or licensing requirements for renting per room.

I give each house a cap on utility usage, anything over I split amongst tenants, I enforce rules, WiFi in charge $25 per person.  

Hey @Lars Hartvig Kristiansen, in my experience, your best team comes from one rock-solid connection, not trying to build everything at once.

Don’t split your focus.